Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(FortisMlr) Fortis Mlr complete technical analysis [charts+indicators] | Buy/Sell Fortis Mlr | (FortisMlr) share price targets

Complete technical analysis of Fortis Mlr (FortisMlr) by charts plus indicators, forecast predictions and share price targets for Fortis Mlr (FortisMlr)

10 day averaged volume of Fortis Mlr is 17589

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	56.42	57.08	58.35	55.15	0.775 times
27 Mon Jan 2025	57.08	59.30	59.30	56.76	0.708 times
24 Fri Jan 2025	57.93	58.00	58.95	57.50	0.587 times
23 Thu Jan 2025	57.97	59.80	59.85	57.75	1.014 times
22 Wed Jan 2025	59.27	58.98	61.00	58.71	1.332 times
21 Tue Jan 2025	58.40	59.74	60.93	57.75	0.947 times
20 Mon Jan 2025	58.73	62.80	62.80	57.00	1.022 times
17 Fri Jan 2025	59.38	59.45	60.70	59.01	1.079 times
16 Thu Jan 2025	58.74	60.29	61.50	56.00	1.601 times
15 Wed Jan 2025	58.30	59.50	59.80	57.71	0.602 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 55.9, for a target of 57.7 or 59.15

Share price targets for Fortis Mlr (FortisMlr)

Target Type	Value
Downside Target	51.01
Downside Target	55.15
Upside Target	59.30
Upside Target	59.65
Upside Target	61.50
Upside Target	62.25
Upside Target	62.40
Upside Target	62.50
Upside Target	62.80
Upside Target	65.00

Intraday share price targets for Fortis Mlr (FortisMlr)

Target Type	Value
Downside Intraday Target	54.61
Downside Intraday Target	52.81
Upside Intraday Target	58.76
Upside Intraday Target	61.11
Upside Intraday Target	56.96

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	56.42	59.30	59.30	55.15	0.303 times
24 Fri Jan 2025	57.93	62.80	62.80	57.00	0.855 times
17 Fri Jan 2025	59.38	59.99	61.50	56.00	0.626 times
10 Fri Jan 2025	58.63	61.70	62.25	57.40	1.729 times
03 Fri Jan 2025	61.19	61.90	62.50	59.00	1.472 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Fortis Mlr (FortisMlr)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	56.42	61.30	62.80	55.15	0.701 times
31 Tue Dec 2024	60.42	55.44	65.00	55.15	1.509 times
29 Fri Nov 2024	54.87	56.00	56.00	51.45	0.701 times
31 Thu Oct 2024	54.35	59.45	59.65	51.01	1.052 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Fortis Mlr (FortisMlr)

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Fortis Mlr stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Fortis Mlr in short term and the sell signal is strong.

Fortis Mlr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Fortis Mlr in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Fortis Mlr is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.39 and Fortis Mlr (FortisMlr) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Fortis Mlr (FortisMlr) stock. Volume based technical analysis of Fortis Mlr (FortisMlr) stock is negative.

Fortis Mlr Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.